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The following transactions occurred for A New Company Inc. at the end of the year: Purchased a new building by paying $50,000 cash and signing

The following transactions occurred for A New Company Inc. at the end of the year:

Purchased a new building by paying $50,000 cash and signing a note payable for $200,000.

Sold furniture that had an original cost of $12,000 for a gain of $800. The book value of the furniture at the time of the sale was $4000.

Purchased new furniture for $11,000 cash.

Sold old computer equipment for $1,300 cash.

Dividends of $20,000 were paid in cash

Work through your calculations for each transaction and prepare the investing section of the statement of cash flows.

Description Amount Total
Subcategory,Cash Flows from Investing Activities:
Net Cash Provided by Investing ActivitiesNet Cash Used by Investing Activities

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